Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 41-2155341

NASCENT SOLUTIONS INC

Tax-exempt · ALEXANDRIA, VA 22312

Financials

$11.2M$16.6M2023$5.1M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of NASCENT SOLUTIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,066,529$5,853,767-$787,238$322,700$288,357$34,343
December 31, 2023990$11,154,281$16,640,825-$5,486,544$1,036,689$215,108$821,581
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,066,529
of which government grants
$4,815,905
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$279,547
Other salaries and wages
$1,739,924
Salaries, compensation and benefits (total)
$2,445,902
Professional fundraising fees
$0
Occupancy
$283,883
Travel
$322,958
Depreciation
$8,408
Program services (functional)
$4,616,417
Management and general (functional)
$1,204,751
Fundraising (functional)
$32,599

Balance sheet and other

Total assets, start of year
$1,036,689
Total assets, end of year
$322,700
Total liabilities, end of year
$288,357
Net assets, end of year
$34,343
Land, buildings and equipment
$89,393
Net assets without donor restrictions
$34,343
Gross receipts
$5,066,529
Employees
14
Year formed
2004
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Beatrice WameyPresident and CEO
Institutional trustee, Officer
40$279,547
Haris MujadidiDirector of Finance and Compliance
Trustee or director, Key employee
40$147,500
Patrick GallagherSenior Director Monitoring and Eval
Trustee or director, Key employee
40$142,516
Chenelle Jackson TianaDirector of Operaions
Trustee or director
0$0
Dr Emily RuttoTechnical Advisor Agriculture and S
Trustee or director
0$0
Eugine DaTechnical Advisor Education
Trustee or director
0$0
Elvis WameyMedia and Communication Officer
Trustee or director
0$0
Francis KamuhandaProgram Research Officer
Trustee or director
0$0
Yaya NghoniGender and Inclusion Officer
Trustee or director
0$0
Ahmad PathanAccounting Compliance Manager
Trustee or director
0$0
Pamela NelsonBoard Member
Trustee or director
0$0
Comfort AtangaBoard Member
Trustee or director
0$0
Dr Avis GrahamBoard Member
Trustee or director
0$0
Dr Lenox GrahamBoard Chair
Trustee or director
0$0
Beatrice NamataBoard Member
Trustee or director
0$0
2 more people on this return
NameTitleHours / weekCompensation
Jude Samua NyambiBoard Member
Trustee or director
0$0
Thomas FongweBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Beatrice WameyPresident and CEO
Institutional trustee, Officer, Highest-paid employee
40$307,413
Chenelle Jackson TianaDirector of Operaions
Trustee or director
0$167,309
Patrick GallagherSenior Director Monitoring an
Trustee or director, Highest-paid employee
40$159,702
Dr Avis GrahamBoard Member
Trustee or director
0$0
Dr Raymond TerryBoard Member
Trustee or director
0$0
Dr Lenox GrahamBoard Chair
Trustee or director
0$0
Jude Samua NyambiBoard Member
Trustee or director
0$0
Beatrice NamataBoard Member
Trustee or director
0$0
Haris MujadidiDirector of Finance and Compl
Trustee or director
0$0
Frehiwot TarekegnDirector of Finance and Accou
Trustee or director, Key employee
40$0
Pamela NelsonBoard Member
Trustee or director
0$0
Comfort AtangaBoard Member
Trustee or director
0$0
Reverend Gerald RobinsonBoard Member
Trustee or director
0$0

Address and contacts

Address (IRS master file)
85 S BRAGG ST, ALEXANDRIA, VA 22312-2731
In care of
% BEATRICE WAMEY
Principal officer (990 for 2024)
Beatrice Wamey, 85 Bragg Street Ste 500, Alexandria, VA 22312
Signed the 990
BEATRICE WAMEY, CEO
Phone
(703) 333-5822
Return prepared by
AMERICAN CONSULTING PARTNERS CORPOR

Mission

To promote self-reliance by harnessing the creative and entrepreneurial drive of rural women and youths to problem solve, build resilient local economies, and improve the quality of life for their families and communities.

990 for the year ended December 31, 2024

Program accomplishments

  • Nascent implemented McGovern-Dole International Food for Education and Child Nutrition (McGovern-Dole) Program in Malawi (USDA FFE-621- 2019/008-00)funded under the United States Department of Agriculture (USDA). The program targeted nearly 500,000 beneficiaries - learners, their families, teachers, administrators, government officials, Parent-Teacher Associations (PTAs), and other secondary beneficiaries in the 106 schools host communities in 5 districts. The project provided 174,742 meals from home-grown sources. Nascent distributed 352,893 assorted school supplies to 48,872 Standard 1-4 learners (24,553 girls and 24,319 boys). Increased Teacher Attendance to 88.4% from 86% Improved Literacy Skills in the range of 5.1% to 22% Increased Knowledge and Practices on Sanitation and Hygiene where 90% acquired knowledge and 60% consistently washing their hands
    Expenses $4,114,950 · grants $3,815,840
  • Nascent implemented McGovern-Dole International Food for Education and Child Nutrition (McGovern-Dole) Program in Cameroon USDA FFE-631-2023/014-00) to improve the literacy of school-age children, and promote good health and dietary practices among students and parents. The project provided school meals for 140,000 primary school children in 260 schools
    Expenses $446,188 · grants $440,660
  • Combined Smaller Projects: Bureau of Humanitarian Assistance (BHA) project (720BHA24GR00243). The BHA project was planned to provided farm inputs and training on Good Agriculture Practices (GAPs) to 2,800 IDPs.Project was not carried out because of new Administration but administrative cost were incurred International Food Relief Partnership (IFRP) program project in Cameroon. Trained 10,147 persons (1,315 men and 8,832 women) on good nutrition and hygiene practices, and preparation and consumption of commodities
    Expenses $55,279 · grants $121,911

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-2155341
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$322,700
Income (IRS master file)
$5,066,529

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,066,529$5,853,767$322,700XML
990December 2023$11,154,281$16,640,825$1,036,689XML
990December 2022$14,513,852$12,410,023$6,860,525IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-2155341).

Questions about NASCENT SOLUTIONS INC

What is the EIN of NASCENT SOLUTIONS INC?
The employer identification number (EIN) of NASCENT SOLUTIONS INC is 41-2155341.
Is NASCENT SOLUTIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to NASCENT SOLUTIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NASCENT SOLUTIONS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NASCENT SOLUTIONS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NASCENT SOLUTIONS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NASCENT SOLUTIONS INC?
The 990 for the year ended December 31, 2024 names Beatrice Wamey.
Who are the officers and directors of NASCENT SOLUTIONS INC?
The 990 for the year ended December 31, 2024 lists 17 people; 3 received compensation from the organization, the highest $279,547 (Beatrice Wamey, President and CEO).
How much revenue does NASCENT SOLUTIONS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,066,529, expenses of $5,853,767 and total assets of $322,700 at year end.

Other nonprofits in ALEXANDRIA

All nonprofits in ALEXANDRIA · Virginia · International, foreign affairs and national security